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According to a new market report published by Transparency Market Research "Propionic Acid Market for Animal Feed & Grain Preservatives, Calcium & Sodium Propionates, Cellulose Acetate Propionate and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global propionic acid market was valued at USD 908.0 million in 2012 and is expected to reach USD 1,540.5 million by 2019, growing at a CAGR of 7.7% over the forecast period from 2013 to 2019. In terms of volume, the market was valued at 381.7 kilo tons in 2012 and is expected to grow at a CAGR of 2.3% over the forecast period from 2013 to 2019.

Growing global food and beverage industry is expected to fuel the preservatives market which in turn is expected to drive the global propionic acid market. Rising demand from end-use industries in emerging economies such as Asia Pacific provides huge potential for growth in the propionic acid market. Moreover, the growing pharmaceutical industry has been contributing to the growth of the market. Additionally, increasing demand for Vitamin E is expected to create opportunities for the propionic acid market in the near future. However, market growth may be hampered during the forecast period due to adverse effects of propionic acid on human health and environment.

Animal feed and grain preservatives led the market with 52.5% of global demand in 2012. It is expected to experience slight increase in its market share in the next few years due to increase in livestock farming that resulted in growing demand for animal feed and grain preservatives. Calcium and sodium propionates accounted for second largest application segment of the global propionic acid demand in 2012. Cellulose Acetate Propionate (CAP) is anticipated to grow steadily at a CAGR of 1.9% from 2013 to 2019. On the other hand, the herbicides market is expected to experience sluggish growth in the coming years due to health hazards caused by herbicides.

The global propionic acid market was led by Europe with 39.9% market share in 2012. Europe is expected to show steady growth in the near future as compared to other emerging economies. North America followed Europe and is expected to experience slight decline in its market share by 2019. Asia Pacific is expected to be fastest growing segment during the forecast period. Rest of the World (RoW) that includes Latin America, Middle East and Africa is expected to experience steady growth in 2019 owing to increasing propionic acid imports in the region.

Key market players include BASF SE, the Dow Chemical Company, Perstorp Holding GmbH and Eastman Chemical Company. The market for propionic acid is highly concentrated, with the top three players accounting for more than 80% of the global market in 2013.

Demand for construction paints and coatings is mainly prompted by growing infrastructure activities globally and the growing demand for water borne paints and coatings. (http://www.transparencymarketresearch.com/construction-paints-coatings-market.html)
Asia Pacific dominates the global market for construction paints and coatings. This report by Transparency Market Research analyses, estimates and forecasts the construction paints and coatings demand on a global and regional level for a six-year period from 2013 to 2019, both in terms of volume and revenue. The study also provides information on restraints, drivers and opportunities along with the impact on the overall market for the forecast period. The report segments the market based on application and region and offers estimates and forecast of the construction paints and coatings market for each segment.

The growing demand from end-use industries coupled with technological development is expected to drive polypropylene market during the forecast period. (http://www.transparencymarketresearch.com/polypropylene-market.html) In addition, capacity additions in the Middle East and China are expected to boost the market growth. This study includes in-depth analysis of the global polypropylene market in terms of volume and revenue from 2013 to 2019. This study also includes drivers and restraints in the market and upcoming opportunities during the forecast period. The report comprises of market attractiveness analysis and company market share analysis to get a comprehensive view about the market.